Risk Management - Commercial & Investment Bank - Vice President

JPMorgan Chase & Co.•Houston, TX

3h•$123,500 - $230,000

About The Position

As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class. As a Global Commodities Credit Risk - Vice President within the Commercial & Investment Bank, you specialize in product-specific credit risks and help protect the firm across a dynamic global portfolio. You assess the risk of structured commodities products and transactions, negotiate related documentation, and partner with credit officers across all lines of business and industries to provide input on product structure, documentation, limit management, and market convention. You contribute to new business initiatives, lead periodic portfolio risk reviews, and analyze commodity market and credit risk data at both the client and portfolio level to deliver actionable insights that support senior management decision-making. You also help develop junior talent to strengthen the performance of the broader team.

Requirements

Bachelor's degree
6+ years of professional work experience in credit/ counterparty risks, commodities, and/or derivative products
Strong credit analysis and financial modeling skills
Experience working with and negotiating master trading agreements typical of the energy trading industry, including the International Swaps & Derivative Association (ISDA), North American Energy Standards Board (NAESB), and European Federation of Energy Traders (EFET), now Energy Trader Europe, agreements
Exceptional analytical aptitude and ability to think abstractly and project various "what-if" scenarios
Strong data analysis and presentation skills
Strong organizational skills, attention to detail, and an excellent work ethic
Ability to perform well under pressure in a demanding environment while managing multiple tasks simultaneously
Ability to work independently and collaboratively within a team environment
Proficiency in Microsoft Office Suite, especially Excel, PowerPoint, and Word

Nice To Haves

Understanding of or experience in covering a variety of energy and commodity trading companies
Experience in data analysis and visualization using programming languages such as Python
Completion of a commercial/investment bank credit training program or equivalent experience, with a thorough understanding of bank credit policies and procedures
Understanding of front office processes and the ability to balance credit risk management with commercial requirements

Responsibilities

Leads credit risk due diligence on new commodity transactions and counterparties, with particular focus on structured or physical commodities transactions, and performs industry, business, and financial analysis to assess creditworthiness and recommend appropriate credit exposure and structure
Applies strong analytical, modeling, and problem-solving skills to understand risks and exposures
Negotiates credit terms in master trading agreements and structured transactions, including lien-based structures and other commodity financing structures
Assists other credit officers with credit due diligence, structuring, and document negotiation by sharing product risk expertise
Supports the Global Commodities Group on ad hoc projects related to new business initiatives, change management, policy, procedure, product control, regulatory relations, and business management
Prepares and presents periodic commodities risk reviews to senior management, detailing exposure metrics across the global commodities portfolio and analyzing key trends, drivers, and concentrations
Performs ongoing customer due diligence and financial analysis for a portfolio of commodity-only counterparties, including preparation of credit approval memos and customer reviews, management of exposure excesses, and maintenance of accurate, current credit ratings
Identifies deteriorating credits early and proactively manages problem situations
Provides oversight and guidance on the work of junior team members to ensure the quality of various credit processes
Maintains active working relationships with structuring, sales, trading, and origination teams and supports their continuing education on credit risk management, systems, and procedures
Partners with bank examiners and internal credit reviewers to validate credit quality and the integrity of the credit process